+923218400111
ROOM NO 214, 2ND FLOOR, LSE PLAZA, 19-KHYABAN-E-AIWAN-E-IQBAL, LAHORE
accounts@bspl.com.pk

Are you ready to change the game? Find Out More

Bilal Bin Saqib appointed as SAPM on blockchain, crypto
Home » BUISNESS  »  Bilal Bin Saqib appointed as SAPM on blockchain, crypto

Bilal Bin Saqib gestures for a photograph. — bilalbinsaqib.com/File
Bilal Bin Saqib gestures for a photograph. — bilalbinsaqib.com/File

Bilal Bin Saqib has been appointed as the Special Assistant to the PM (SAPM) on Blockchain and Crypto, with the status of state minister by Prime Minister Shehbaz Sharif.

Pakistan was positioned among an elite group of 7-9 nations, including the United States, El Salvador, and the UAE, with dedicated leadership for cryptocurrency and blockchain, signalling a bold commitment to leading the global digital economy, by this groundbreaking decision.

Saqib also serves as the Chief Executive Officer of the Pakistan Crypto Council (PCC) and Chief Advisor to the Finance Minister.

As CEO of the Pakistan Crypto Council, Bilal has spearheaded strategic collaborations and built critical bridges between Pakistan and global technology stakeholders.

Under his leadership, the Council signed a landmark partnership with World Liberty Financial (WLF) — a decentralised finance platform backed by US President Donald Trump — to help drive blockchain innovation and stablecoin adoption in Pakistan.

He also invited Changpeng Zhao (CZ), founder of Binance, and appointed him as Strategic Advisor to the PCC to help shape regulatory development, infrastructure expansion, and education programmes for crypto in Pakistan.

A graduate of the London School of Economics (LSE) with a Master’s in Social Innovation and Entrepreneurship, he has been featured in Forbes Asia 30 Under 30 for his work in social impact.

Saqib has also been honoured with the prestigious MBE (Member of the Order of the British Empire) from King Charles III.

As SAPM, Bilal will be responsible for:

● Developing a comprehensive, FATF-compliant regulatory framework for digital assets

● Launching Bitcoin mining initiatives

● Overseeing blockchain integration in governance, finance, and land records

● Facilitating licensing and oversight of virtual asset service providers (VASPs)

● Championing investor protection and Web3 ecosystem growth in Pakistan

This appointment reflects Pakistan’s commitment to aligning with global trends. Just as the United States has brought leaders like David Sacks — appointed by Trump as the White House AI and Crypto Czar — into its digital policy framework, Pakistan is taking a forward-thinking approach by empowering a youth leader to help steer national strategy in emerging technologies.

Pakistan stands at a critical digital crossroads. The country consistently ranks in the top 10 globally for crypto adoption, according to the 2023 Chainalysis Global Crypto Adoption Index, with approximately 40 million crypto users and an annual crypto trading volume exceeding $300 billion. The nation produces around 40,000 IT graduates annually and boasts the 4th largest freelancer market worldwide.

This rapid uptake of emerging technologies, combined with a youthful population where over 60% of citizens are under the age of 30, positions Pakistan to be one of the biggest beneficiaries of blockchain and crypto advancements in the coming decade.

Strategic policymaking in these fields is not just an opportunity but a national imperative.

According to Saqib: “Pakistan’s unique demographic and digital landscape offers an unprecedented opportunity to leapfrog into the future of technology—where blockchain and crypto will drive economic growth, innovation, and global competitiveness.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Public Notice

Beware of Fraudulent Schemes Misusing the Name of Bridge Securities Pvt. Ltd

Fraudulent individuals and entities may misuse the identity of Bridge Securities Pvt. Ltd or falsely impersonate its directors or executives to deceive the public through unauthorized communication channels, fake profiles, and misleading information.

We strongly advise our clients and the general public to exercise caution and remain vigilant against such scams.

Please note:

  • Bridge Securities Pvt. Ltd has no affiliation with any unofficial pages, profiles, apps, or WhatsApp numbers.
  • We never request OTPs, personal information, funds, or investments through unofficial platforms.
  • All communication from Bridge Securities Pvt. Ltd is conducted only through our official phone numbers, website, email, social media handles through official representatives.

For your safety:

  • Always verify the authenticity of any communication before engaging.
  • Make sure that you are dealing with licensed entities and registered professionals by conducting research from the PSX and SECP websites.
  • Regularly visit SECP, PSX, CDC, and NCCPL websites for authentic updates.
  • Transact only through official banking channels linked to licensed brokers.
  • In case of any ambiguity it is recommended to contact and verify the information through our official representatives.

Official Channels:

  • Website: www.bspl.com.pk
  • Email: accounts@bspl.com.pk
  • Social Media: Not Available
  • Helpline: 0321-8400111

Shareholder Agahi – Your Gateway to Shareholder Insights

Pakistan’s first comprehensive platform, developed by PICG and CDC, dedicated to enhancing shareholder awareness and empowerment.

Discover Shareholder Agahi- Your one-stop hub for real-time shareholder updates, rights, and governance insights. Empower yourself with accurate information.Explore the portal: https://www.shareholderagahi.com/ Watch the tutorial (Urdu): https://www.youtube.com/watch?v=O7iCRiKJ37A

This will close in 20 seconds